Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings, Inc. (SWX) — VMCI valuation read

SWX screens at VMCI 50/100, a 0-point gap above the Utilities sector median (50). For a mid-cap Southwest Gas Holdings, Inc. share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

SWX has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: SWX trades at 14.0x earnings, 22% below the Utilities median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Utilities group. Quality: ROIC of 16.0% sits 6.0pp above the Utilities median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 0.1x leaves covenant headroom, which sets the rate-cycle exposure for Southwest Gas Holdings, Inc..

SWX fell 3.6% over the trailing 7 days, with a +6.0% read on a 30-day basis.